Backing Out of Work; Renege on a Job Commitment at Your Own Risk

It likely won't result in legal penalties, but could leave a stain on your career and future opportunities. In the sports world, it makes headlines when someone like basketball coach Billy Donovan walks away from a signed contract. But when it happens in the business world, the silence can be deafening. If a potential hire backs out after signing on the dotted line, employers find the situation embarrassing and difficult to pursue legally, so, invariably, they just let the person go, career and legal experts say. More...